Retail Space on Busy
For Lease
Contact for pricing
550 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548
Retail space for lease near military base and technology park.
Space Size2,400 SF
Property Size25,185 SF
Days on Market226
Property Features for 550 Mary Esther Cut Off NW
General Information
Standard status
Active
Size
2,400 SF
Class
C
Property subtype
Retail
Building Details
Building Size
25,185 SF
Year Built
1986
Spaces For Lease
at 550 Mary Esther Cut Off NW
2nd Gen Restaurant Space
Size
2,400 SF
Term
Negotiable
Rate
Contact for pricing
Listing Agency:
Southpace Properties
Listed By:
Stephanie Hill · License #AL #000119240 - 0
(251) 622-0072
Source:
Southpace
Added: Mar 6
Changed: Oct 14
Last Checked: Oct 16 at 5:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southpace Properties
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Investment Insights
Based on property information with market context.
Located on Mary Esther Cut Off, a busy retail corridor with 24,685 cars per day, this retail space is situated in Fort Walton Beach. It is less than 2 miles from Hurlbert Field, which employs 25,000 military and civilian personnel. Fort Walton Beach is home to Eglin Air Force Base, Florida’s largest military base, providing services to over 71,000 personnel from all service branches. The property is directly across from the Commerce and Technology Park (CTP), an approximately 320-acre office and industrial park that serves as an employment center with 2,500 employees. Co-tenants include Longhorn Steakhouse, UPS, Sally Beauty, H&R Block and Sally Beauty Supply.
Key Highlights
- Located on high‑traffic retail corridor (24,685 CPD) on Mary Esther Cut Off.
- Close proximity to Hurlbert Field (less than 2 miles, 25,000 employees).
- Near Eglin Air Force Base (over 71K personnel).
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
221k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Groceries 19%
Shops & Services 15%
Home Improvements & Furnishings 5%
Aldi
Groceries
24,531 visits/mo
0.5 miles
McDonald's
Dining
17,203 visits/mo
0.2 miles
Piggly Wiggly
Groceries
17,043 visits/mo
0.5 miles
LongHorn Steakhouse
Dining
14,203 visits/mo
0.0 miles
Chili's Grill & Bar
Dining
13,675 visits/mo
0.3 miles
Demographics for 32548, FL
22,399
Population
14,040
Households
1.6
Avg Household Size
42
Median Age
31%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
1,851
Density / Sq Mi
$63,857
Median Household Income
$37,725
Median Earnings
$1,281
Median Rent
$291,000
Median Home Value
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Market
Lease Benchmarks for Fort Walton Beach, FL
$9.93 /SF/Yr
Avg Asking Price
$1.2–$22.29 /SF/Yr
Price Range
19,775 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space for lease near military base and technology park.
Where is this retail space located?
The property is located at 550 Mary Esther Cut Off NW Fort Walton Beach, FL.
What are key features of this property?
This property features: Located on **high‑traffic retail corridor (24,685 CPD)** on Mary Esther Cut Off.; Close proximity to Hurlbert Field (less than 2 miles, 25,000 employees).; Near Eglin Air Force Base (over 71K personnel).
